Tag Archives: Jay Richardson Professional Real Estate

Muskoka Market Insights – May 2024

Muskoka’s real estate market is a dynamic landscape, shaped by its natural beauty, recreational opportunities, and economic factors. Understanding the latest trends is key to making informed decisions, whether you’re buying your dream property or selling your cherished home Market Insights: What the Data Tells Us Non-waterfront sales: Have seen a decrease, potentially creating opportunities […]

Muskoka Market Update – April

A Guide for Buyers and Sellers Current Market Overview The Muskoka real estate market has experienced significant shifts over the past year. Understanding these changes can help buyers and sellers make informed decisions. Non-Waterfront Property Sales April 2024 Sales: 386 units, down 13.6% from April 2023. Comparison to Averages: 19.9% below the five-year average and […]

Do I Need a Real Estate Agent to Buy a Property?

If you’re a buyer wondering whether you need a real estate agent to buy a house, you’re not alone. Many prospective buyers ponder this question as they embark on their journey to find the perfect property. Let’s explore the benefits of working with a real estate agent and what it looks like to buy a […]

Stewardship: Our Role in Preserving Waterfront

As a top real estate broker specializing in waterfront properties in North Muskoka and Lake of Bays, I have the unique opportunity—and responsibility—to share the story of our beloved region. It’s a tale not just of breathtaking landscapes and tranquil waters, but of the collective efforts needed to preserve this paradise for future generations. Our […]

Capital Gains Tax Update 2024: Navigate the New Landscape

The 2024 Federal Budget has brought significant updates to the capital gains tax, particularly affecting those with high-value properties such as waterfront cottages in Muskoka and Lake of Bays. With the capital gains inclusion rate set to increase on June 25, 2024, understanding and preparing for these changes is crucial for cottage owners and real […]

The Power of Colour in Your Home

  Discover the Power of Colour in Your Home Welcome to a vibrant exploration of how colour influences our spaces and our moods. “The Colour Effect: Using Colour Psychology to Elevate Your Home” is our latest interactive flipbook designed for homeowners looking to infuse their living spaces with a touch of personal flair and psychological […]

Muskoka Market Insights – March 2024

As we welcome the spring season in Muskoka, I’m sharing insights that could guide your real estate decisions this spring. Understanding the current market trends is crucial, whether you’re considering selling your cherished cottage or looking to buy the waterfront home of your dreams. Waterfront Market Gaining Momentum March 2024 has shown promising growth in […]

Dock Dreams to Reality: Navigating Construction & Repairs on Lake of Bays

A question I receive often is concerning the rules for building a new dock or repairing an existing dock.  To build a new dock or repair an existing dock on Lake of Bays, you must comply with both the requirements of the Ministry of Natural Resources and Forestry (MNRF) and the Township of Lake of […]

Muskoka Market Update – October 2023

October saw a strange split in trends. While the sales of non-waterfront residential properties are steadily declining, there’s a contrasting increase in the sales of waterfront homes. This period has also seen a remarkable rise in new listings, which has caused overall property inventories to slightly exceed the usual averages. This is particularly notable in […]

Muskoka Market Update August 2023

In August, in the Lakelands Board, we saw an uptick in sales for non-waterfront homes, while the waterfront market remained fairly stable. However, it’s worth noting that the activity in both categories is still not up to the levels we’ve typically seen at this time of year. Interestingly, we hit a new record for property […]

Muskoka Market Update April 2023

April’s market tightening is due to a scarcity of new listings, causing a stall in overall inventories and a subsequent decline. As a result, both waterfront and non-waterfront property prices are on the rise. Unless there’s a substantial increase in supply, these trends are expected to continue and intensify.             […]

Muskoka Market Update – December 2021

Muskoka’s real estate market continues to be hot as 2021 draws to a close. December stats show Muskoka ended the year with a median price increase of 27% year over year for waterfront properties and a 42% increase year over year for residential non-waterfront properties.  The strong Seller’s market doesn’t appear to be losing any […]